Jackson Hole Day: Powell's Fed Summit Speech and the Markets 8/23/24
Squawk on the Street
Earnings Reports and Market Dynamics
This chapter reviews the earnings performance of 20 companies, highlighting the struggles of 16 amidst a strong showing from a new restaurant brand. It also discusses a significant CEO departure in a major food company and the implications for future strategies. Additionally, the chapter analyzes stock movements for key retailers and explores market trends in the banking sector, leading up to an important Federal Reserve speech.
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